TAX ALERT - SUPERANNUATION CONTRIBUTION LIMITS FOR THE YEAR ENDING THE YEAR ENDED 30TH JUNE 2017
The superannuation contributions caps for concessional (before tax) and non-concessional (after tax) contributions have not increased for the 2016/2017 year.
Concessional contributions include your employer's compulsory Superannuation Guarantee (SG) contributions, your salary-sacrificed contributions, or any contributions claimed as a tax deduction.
Non-concessional (after-tax) contributions are super contributions made from after-tax dollars or non-taxed savings.